Justified Data purchase price $200M
Company: TeraWulf
The claim, verbatim
Justified Data purchase price of $200 million funded from parent cash.
Source (primary)
Q4 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “Cash Justified Data Purchase Price Adjusted Cash Convertible Notes $500 (200) $300”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The capital structure slide deducts a $200 million Justified Data purchase price from $500 million of cash in the column holding TeraWulf's convertible notes, leaving $300 million.
Confirmed in the source:
- The Justified Data purchase price is $200 million
- The purchase price is deducted from the $500 million cash balance in the parent column that also carries TeraWulf's convertible notes
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23307/pdf/TeraWulf_Q4_2025_Investor_Presentation_%28Feb_2026%29.pdf) in full (28,069 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q4 Earnings Update Presentation
Quote: “Cash Justified Data Purchase Price Adjusted Cash Convertible Notes $500 (200) $300”